First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY) Plans Quarterly Dividend of $0.20

First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY) announced a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Investors of record on Thursday, June 25th will be given a dividend of 0.1998 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 71.8% increase from First Trust Bloomberg Shareholder Yield ETF’s previous quarterly dividend of $0.12.

First Trust Bloomberg Shareholder Yield ETF Stock Performance

Shares of First Trust Bloomberg Shareholder Yield ETF stock traded down $0.08 on Thursday, hitting $42.26. The company had a trading volume of 528 shares, compared to its average volume of 736. The stock has a 50 day moving average of $43.73 and a 200-day moving average of $43.48. First Trust Bloomberg Shareholder Yield ETF has a 1 year low of $40.12 and a 1 year high of $45.38. The stock has a market capitalization of $16.90 million, a price-to-earnings ratio of 16.89 and a beta of 0.87.

First Trust Bloomberg Shareholder Yield ETF Company Profile

The First Trust Bloomberg Shareholder Yield ETF (SHRY) is an exchange-traded fund that is based on the Bloomberg Shareholder Yield index. The fund offers passive management by tracking an index of large- and mid-cap US equities that are selected and weighted based on shareholder yield characterized by dividends, net shares buybacks, and debt reduction. SHRY was launched on Jun 20, 2017 and is issued by First Trust.